1+ day, 17+ hour ago   (195+ words) The market is already priced at 86% so they're late to the party on this one. Might as well also put out a forecast for Spain to win the 2026 FIFA World Cup. In any case, all that's at stake now is…...

2+ day, 23+ hour ago   (370+ words) The US dollar is sizzling today as the market senses that the Fed will have no other choice but to hike rates. Oil is up for the eigth consecutive day and the gains are accelerating. WTI is up $4.25 on the…...

3+ day, 31+ min ago   (454+ words) Oil prices and bond yields continue to push higher in European trading today, offering a timely reminder to broader markets that inflation risks remain very much in focus. Brent crude is up over 1% to above $102, while WTI crude now up…...

3+ day, 4+ hour ago   (869+ words) The European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.50% today, with the move already fully priced in by the markets. With the rate decision itself unlikely to provide much of a surprise, the…...

2+ day, 23+ hour ago   (184+ words) Given the revisisions, this is a very small upside surprise but given the importance the Fed has placed on inflation reports this week, it's a meaningful reading and we're seeing dollar strength as a result. Fed funds futures have ticked…...

3+ day, 1+ hour ago   (461+ words) The rise in long-term bond yields is being blamed on a growing list of factors, but there is a much simpler explanation sitting in plain sight: oil prices are the main driver of the rise in long-term yields, and the…...

3+ day, 5+ hour ago   (667+ words) The ECB looks all but certain to raise interest rates by 25 bps today, taking the deposit facility rate to 2.50%. So barring a major surprise, the rate decision itself is not where the real market interest lies. Instead, the bigger question…...

3+ day, 6+ hour ago   (406+ words) The breakdownThere are no changes to the preliminary data as headline annual inflation in Germany nudges up in August. That comes as the energy shock keeps inflation pressures more elevated. The details show that energy price inflation increased by 10.5% year-on-year,…...

4+ day, 28+ min ago   (494+ words) Fed's Waller is speaking and although he is keeping the door open for a tightening is also encouraged by signs of disinflation. Waller says: Waller is keeping his options open ahead of the September meeting, with the August inflation data…...

4+ day, 11+ hour ago   (657+ words) The U.S. dollar is ending the North American session mixed and little changed against most of the major currencies. The greenback is near unchanged against the EUR, GBP, AUD and CHF. It is lower against the JPY and CAD, while gaining…...